What are AI software stocks?

These are software companies that build products with artificial intelligence at the core, such as copilots, automation, analytics, and security. They often sell subscriptions with recurring revenue. Investors look for strong net retention, fast adoption, and clear pricing for AI features that can lift margins and growth.

How do the Figma upgrade and Intuit rating cut matter for ^NDX?

Broker calls can shift flows within the Nasdaq 100 by changing expectations on growth, margins, and product momentum. An upgrade can attract fresh demand, while a cut can pressure valuations. The net effect guides sector leadership and may influence index returns, especially when themes like enterprise AI dominate.

How can German investors get exposure to this theme?

Use ETFs tracking the Nasdaq 100 on Xetra for EUR exposure, or USD-listed funds if you prefer dollar assets. Check fees, spreads, and tax rules. Decide on currency hedging to manage EUR/USD swings. Diversify across leading AI names and broader tech to reduce single-name risk.

What are the main risks to AI software stocks now?

Key risks include slower enterprise budgets, higher-for-longer rates that compress valuations, and customers delaying AI rollouts. Competition can also squeeze pricing. Watch earnings dates, guidance on AI attach rates, and currency moves if you invest from Germany, since USD swings can amplify gains or losses.

Global Market Insights

^NDX Today: January 10 — Wells Fargo AI picks, Figma upgrade in focus

ByHuzaifa Zahoor January 11, 2026January 11, 2026

AI software stocks set the tone on January 10 as Wells Fargo’s 2026 outlook lands alongside a Figma upgrade and an Intuit rating cut. The Nasdaq 100 (^NDX) traded slightly lower, but leadership remains tied to enterprise AI adoption and recurring revenue growth. For German investors, USD exposure and sector mix matter. We focus on what these broker moves mean for index momentum, how AI software stocks may steer returns, and practical steps to position in euros.